All companies mentioned have jv or some sort with the state companies. MSB/LPI is a private company and we are running alone at the moment. Enami had the jv with Codelco and they are currently exploring lithium on codelco behalf. You have to go back to key factual point is that Codelco only owes 18% of land in Maricinga. Their other hold is not economical viable. This is the reason Codelco havent had a partner in the last three years of searching. LPI at one stage invited to apply for the partnership but we withdrawn. Maybe in the future when Codelco agree to better terms. in the mean time, the old codes tenements is sustainable enough to justify the funding requirement.
LPI Price at posting:
22.0¢ Sentiment: Hold Disclosure: Held